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News2025-04-08
USD/CAD trades around the middle of 1.4200 with a positive bias as oil prices pl
W USD/CAD attracted some follow-up buying for the second consecutive day on Monday and is expected to continue to rise based on a slight rebound from the 1.4030-1.4025 region or year-over-year lows last week. Spot prices are currently trading around 1.4200, up...

News2025-04-08
GBP/USD rebounds in U.S. economic uncertainty
The GBP rebounded to nearly 1.2930 during the European trading session on Monday, hitting a one-month low of 1.2830 earlier. The pound/dollar attracted buying orders as U.S. President Donald Trump imposed reciprocal tariffs on Wednesday. The dollar index (DXY)...

News2025-04-08
Gold continues to pull back as trade war sell-offs intensify
Gold prices (XAU/USD) recovered on Monday and traded around $3,030 at the time of writing, after falling 2% in early trading as the trade war broke out. Gold failed to withstand selling pressure as stocks, USD and yields all fell on Monday. As China imposes it...

News2025-04-08
Tariffs spark global recession fears, dollar will become safe haven
In the Asian session on Tuesday, the U.S. dollar index hovered around 103.09, with the U.S. dollar gaining 0.53% against other currencies, rising for two consecutive trading days, breaking from the six-month low hit last week. The strengthening of the dollar m...

News2025-04-08
The global market encountered "Black Monday" and the White House urgently refute
On April 8, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 103.1825. On Monday, the US dollar index remained upward and finally closed up 0.56% to 103.5. The benchmark 10-year U.S. Treasury yield closed at 4.1...

News2025-04-08
【XM Group】--GBP/USD Forex Signal: Downwards Waves Continue
My previous GBP/USD signal on 2nd April was not triggered, as none of the key support or resistance levels were reached until after the end of the London session.Today’s GBP/USD SignalsRisk 0.75%.Trad

News2025-04-08
【XM Market Review】--EUR/JPY Forecast: Surges on Monday Despite Risk Jitters
The euro initially gapped lower against the Japanese yen during trading on Monday, only to turn around and skyrocket to the upside.All things being equal, this is a pair that is going to continue to b

News2025-04-08
Global trade enters the abyss, gold and silver are oversold in the range
Yesterday, the gold market opened lower at 3027.6 in the morning and then fell back, giving the position of 2969.9, and then the market rose strongly. The daily line reached the highest position of 3056.3 and then the market was under pressure and fluctuated a...

News2025-04-08
【XM Decision Analysis】--Copper Forecast: Finds Support Amid Global Trade Tension
During the Monday session, we saw a lot of selling in multiple markets around the world, including copper.This does make a certain amount of sense, considering that the copper market is quite often th

News2025-04-08
Guide to short-term operation of major currencies
From a technical point of view, the US dollar index rose below 103.55 on Monday and the decline above 102.15 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 102.95 today and ...

News2025-04-08
【XM Decision Analysis】--Crude Oil Forecast: Tests $60 During the Monday Session
The crude oil market has been back and forth during the trading session on Monday, as we continue to ask questions of where the tariff war is going, and whether or not things are going to accelerate,

News2025-04-08
【XM Group】--GBP/JPY Forex Signal: Rallies After Gapping Lower
Potential signal:I would be a buyer of this pair if we can get a daily close above the ¥190 level.I would be aiming for the ¥194 level, with a stop loss near the ¥188.80 level underneath.The open on M

News2025-04-08
A collection of positive and negative news that affects the foreign exchange mar
The following is a must-read for trading on April 8, 2025. A highlight of the positive and negative news that affects the foreign exchange market: US tariff policy triggered a chain reaction. The US dollar: On April 2, local time, Trump signed an executive ord...

News2025-04-08
Oil prices hit four-year lows, tariffs trigger fears of global recession, gold p
Basic news on Tuesday (April 8, Beijing time), spot gold trading around 2985.38, and gold prices fell nearly 2% on Monday. Investors turned to the US dollar as a safe haven after the full imposition of tariffs in the United States triggered concerns about a gl...

News2025-04-08
【XM Market Review】--AUD/USD Forex Signal: Descending Triangle Points to More Dow
Bearish viewSell the AUD/USD pair and set a take-profit at 0.5885.Add a stop-loss at 0.6050.Timeline: 1-2 days.Bullish viewBuy the AUD/USD pair and a take profit at 0.6050.Add a stop-loss at 0.5885.Th
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